#597: Building Wealth through Real Estate: Insights from a Luxury Vacation Rental Expert — with Stephen Petasky

Stephen Petasky is a real estate and short-term rental expert. He is the founder of the Luxus Group, which is a multifaceted real estate firm that has verticals in luxury vacation rentals, luxury vacation developments, and a restoration arm that turns ancient ruins into luxury private estates.  


Luxus started through my wife and I just trying to solve the problem of luxury vacation rentals for ourselves and we quickly realized we solved the problem for a bunch of other people too.


6:58: How Steven’s early experiences helped shape him as an entrepreneur

7:46: Steven shares his strategies for teaching financial literacy to his kids 

16:39: Steven talks about the founding of the Luxus Group

21:29: How the Luxus Group capitalized off of opportunities during the Great Recession 

26:39: The evolution of the short-term rental space

35:51: Potential buying opportunities in the short-term rental market due to oversaturation

43:16: Restoring ancient ruins into luxury private estates for families

50:27: Why creating a brand around a particular offering can attract clients

57:19: The importance of building relationships to enter new markets

Website: https://luxusgroup.com/

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